RIYADH, SAUDI ARABIA – The Kingdom's surprise decision to halt a planned expansion of its oil production capacity reflects ambitions to...
- Form Saudi Arabia to the UAE, Qatar to Kuwait, governments of the region compete to jumpstart an industrial sector. But...
The banknotes were badly damaged after the coffers were engulfed in groundwater during offensive to take Mosul from the jihadists.The banknotes were badly damaged after the coffers were engulfed in groundwater during offensive to take Mosul from the jihadists
Some 175 bags have been found although total value of the money is not known yet
The end to subsidies pushes the cost of filling a vehicle's tank to more than the monthly minimum wage in...The price increases have mostly erased massive queues at gas pumps that clogged streets across the country.
The energy ministry on Wednesday also raised the price of diesel and cooking gas following a drop in Lebanese pound.
The months leading up to the launch of Expo 2020 Dubai witnessed a surge in realty transactions, with September recording...A total of 5,762 sales transactions in September bring the year-to-date total value to over AED100 billion.
In September 2021, 56 percent of all sales transactions were for secondary/ready properties and 44 percent were for off-plan properties.
Signs of progress on US President Joe Biden's massive spending bill provided an extra lift to sentimentSigns of progress on US President Joe Biden's massive spending bill provided an extra lift to sentiment
Strong profit reports from big-name firms over the past week have reinforced optimism that the corporate sector is weathering slowdown in economic growth
In the absence of a functioning public transport system, car culture has thrived in Lebanon, with many households, even modest...There are more than 2 million cars for 6 million people in Lebanon
However, people are now turning to buses and tuk-tuks to get around as fuel is expensive and often unavailable
The kingdom’s goal is to support small farmers, develop rural agriculture and assist the local development of the food product...The kingdom’s goal is to support small farmers, develop rural agriculture, and assist the local development of the food product manufacturing sector
The lack of natural water and an unsuitable climate are the two most pressing issues facing the Kingdom's environment and agriculture
The combined current account balance of oil exporters in the GCC region is likely to shift from a deficit of...UAE economy is expected to grow by 2.2 percent in 2021 and by 4.9 percent in 2022, supported by tourism, oil prices recovery and Expo 2020 activities.
Saudi Arabia's real GDP growth fell 4.1 in 2020 and is expected to increase to 1.9 percent this year and 4.8 percent in 2022.
- Overall, the Middle East, North Africa and Turkey (MENAT) was the highest-ranking region for the quality of life, with 71...
Switzerland, New Zealand and Spain top three destinations followed by Australia, Cyprus, Portugal, Ireland, France and Netherland.
65 percent of expats feel optimistic about the year ahead and 75 percent were optimistic 'normality' will return.
- Lebanon's political parties seem united in rejecting an investigation into Beirut's massive port explosion that they fear could threaten their...
The investigation looks to shed light on the explosion of a huge stockpile of poorly stored fertilizer on August 4, 2020, in Beirut
The blast killed more than 210 people, wounded thousands, and ravaged half the capital
Over 3,000 government officials, business leaders and industry experts representing 91 countries took part in the 6th Global Business Forum...Fintech, healthcare, agriculture, e-commerce were identified in the report as high-potential sectors
Around 90 percent of surveyed executives said they expect fintech to see the most growth in 2022
